Showing posts with label pessimism in Asia. Show all posts
Showing posts with label pessimism in Asia. Show all posts

August 13, 2010

Where's the Bright Light?

There's an expectation of a slowdown in export growth ...
Asian companies have been on a tear, but this may be as good as it gets. Despite a stellar round of earnings for the last quarter, the outlook for many of the region’s companies — household names around the world — is dimming.
And a snippet from Alibaba.com:
“We continue to take a cautious view on the global economy and small-business development,” said David Wei, Alibaba’s chief executive, “and expect a slowdown in export growth for the following quarters.”
Read more here:
Pessimism in Asia Despite a Solid Earnings Season

Posted by: The Global Small Business Blog